Updates ( 9020 results )
ITAT: Remits capacity utilization & working capital adjustments; Follows earlier orders
- In Favour of Assessee
- Citation Number : TS-912-ITAT-2019(Bang)-TP
- Tax Payer : Molex India Tooling Pvt Limited
ITAT: Deletes Sec 271G-penalty absent AO pointing out specific defect in assessee’s document submission
- In Favour of Assessee
- Citation Number : TS-908-ITAT-2019(Mum)-TP
- Tax Payer : Procter & Gamble Home Products Private Limited
ITAT: Allows working capital adjustment for manufacturer-assessee; Restricts TP-adjustment to international transactions
- In Favour of Assessee
- Citation Number : TS-907-ITAT-2019(PUN)-TP
- Tax Payer : Ognibene India Pvt Ltd
ITAT: Allows assessee’s appeal; Remits TP-adjustments in respect of SDT and corporate-guarantee
- In Favour of Assessee
- Citation Number : TS-906-ITAT-2019(Bang)-TP
- Tax Payer : Suprajit Engineering Ltd
ITAT: Excludes Excel Infoways as comparable for routine ITes-provider citing functional dissimilarity; Follows precedents
- In Favour of Assessee
- Citation Number : TS-905-ITAT-2019(Mum)-TP
- Tax Payer : Zenta Pvt. Ltd
ITAT: Deletes TP-adjustment on notional-interest, higher AE-sale price justifies extended credit period
- In Favour of Assessee
- Citation Number : TS-904-ITAT-2019(Ahd)-TP
- Tax Payer : Symphony Ltd.
ITAT: Recalls ITAT-order absent adjudication on additional ground against TP-adjustment on interest on AE-receivables
- In Favour of Assessee
- Citation Number : TS-903-ITAT-2019(HYD)-TP
- Tax Payer : Value Labs Technologies
ITAT: Remits companies not included in TP-study; No estoppel in law against comparability challenge
- In Favour of Both, Partially
- Citation Number : TS-901-ITAT-2019(Bang)-TP
- Tax Payer : KBACE Technologies Pvt Ltd
ITAT: Upholds CIT(A) decision rejecting adjustment when mirror transaction held to be at ALP
- In Favour of Assessee
- Citation Number : TS-900-ITAT-2019(Bang)-TP
- Tax Payer : UE Development India Pvt Ltd
ITAT:Dismisses Revenue’s appeal on TP-issues citing CBDT’s Circular enhancing appeal filing monetary limits
- In Favour of Assessee
- Citation Number : TS-899-ITAT-2019(Ahd)-TP
- Tax Payer : Talent Anywhere Services Pvt Ltd (Formerly known as Quickstart Resources Management India)
ITAT: Rejects treatment of convention expenses as incurred towards brand-building, Deletes alternative AMP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-898-ITAT-2019(Mum)-TP
- Tax Payer : India Medtronics Pvt Ltd
ITAT: Remits intra-group services ALP-determination citing generic evidence failing to establish arm’s length requirements
- In Favour of Assessee
- Citation Number : TS-897-ITAT-2019(Bang)-TP
- Tax Payer : 3M India Limited
HC:Confirms TP-adjustment deletion on buying services for Li & Fung; Follows earlier-order
- In Favour of Assessee
- Citation Number : TS-896-HC-2019(DEL)-TP
- Tax Payer : LI & FUNG ( INDIA ) PVT LTD
HC: Confirms deletion of AMP-adjustment made applying BLT, follows Sony HC ruling
- In Favour of Assessee
- Citation Number : TS-895-HC-2019(DEL)-TP
- Tax Payer : Casio India Company
HC: Dismisses Revenue’s appeal; Confirms deletion of AMP-adjustment and intra-group service TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-894-HC-2019(DEL)-TP
- Tax Payer : Bausch & Lomb India Pvt Ltd
HC:Dismisses Revenue’s appeal; Confirms invalidity of assessment order passed on non-existent amalgamated company
- In Favour of Assessee
- Citation Number : TS-893-HC-2019(DEL)-TP
- Tax Payer : Genpact India (Previously Known As Genpact Infrastructure (Kolkata) Pvt Ltd
HC:AO’s Sec 148-objections overruling, mere communication, not an order; Dismisses assessee’s writ
- In Favour of Revenue
- Citation Number : TS-890-HC-2019(KAR)-TP
- Tax Payer : Epson India Private Limited
ITAT: Accepts TNT India’s foreign-AE as tested party; Remits ALP-determination of management, administrative services
- In Favour of Assessee
- Citation Number : TS-889-ITAT-2019(Bang)-TP
- Tax Payer : TNT India Pvt Ltd
HC: Upholds LIBOR+2% as AE-loan ALP; Admits Revenue’s appeal on corporate guarantee TP-adjustment
- In Favour of Both, Partially
- Citation Number : TS-888-HC-2019(BOM)-TP
- Tax Payer : Manugraph India Pvt Ltd
ITAT: Remands TP-adjustment on management-fee to examine services-cum-benefits and pass speaking order
- In Favour of Both, Partially
- Citation Number : TS-887-ITAT-2019(PUN)-TP
- Tax Payer : Burckhardt Compression India Pvt Ltd